Posted on 02/26/2021 1:52:58 PM PST by justlittleoleme
Today's action follows the recent suspensions of the securities of numerous other issuers, many of which may also have been targets of apparent social media attempts to artificially inflate their stock price. The SEC continues to review market and trading data to identify other securities where the public interest and the protection of investors require trading suspensions.
"The SEC's recent suspensions of trading in nearly two dozen securities – including 15 today – are one facet of our ongoing efforts to police the market and protect investors," said Melissa Hodgman, Acting Director of the SEC's Division of Enforcement. "We proactively monitor for suspicious trading activity tied to stock promotions on social media, and act quickly to stop that trading when appropriate to safeguard the public interest. We also remind investors to exercise caution and do their diligence before investing generally, including in companies promoted on social media."
Today's order states that trading is being suspended because of questions about recent increased activity and volatility in the trading of these issuers, as well as the influence of certain social media accounts on that trading activity. The order also states that none of the issuers has filed any information with the SEC or OTC Markets, where the companies' securities are quoted, for over a year. As a result, the SEC suspended trading in the securities of: Bebida Beverage Co. (BBDA); Blue Sphere Corporation (BLSP); Ehouse Global Inc. (EHOS); Eventure Interactive Inc. (EVTI); Eyes on the Go Inc. (AXCG); Green Energy Enterprises Inc. (GYOG); Helix Wind Corp. (HLXW); International Power Group Ltd. (IPWG); Marani Brands Inc. (MRIB); MediaTechnics Corp. (MEDT); Net Talk.com Inc. (NTLK); Patten Energy Solutions Group Inc. (PTTN); PTA Holdings Inc. (PTAH); Universal Apparel & Textile Company (DKGR); and Wisdom Homes of America Inc. (WOFA).
(Excerpt) Read more at sec.gov ...
Summary:
When hedge funders mass call or put, pumping and dumping stocks, it’s okay. But when retail investors do it, it’s unacceptable.
Only hedge funds and investment banks are permitted to manipulate stocks.
Now shut up slaves and remember to file your taxes.
The Overlords have spoken.
All of them are priced at $0.01 or less.
All of them had nuclear explosions in trading volume at the same time GameStop went crazy.
These stocks were trading BILLIONS of shares each day!
Their stock prices were fluctuating by a fraction of one penny - sometimes by one thousandth of one penny!
Why is she punishing SOME investors? She should be mad at Lisa Page!
Only for the elites can take the risk...not the lower class.
“The SEC’s recent suspensions of trading in nearly two dozen securities – including 15 today – are one facet of our ongoing efforts to police the market and protect investors,” said Melissa Hodgman,.....”
In other words, you peons need to quit trying to make money in the markets unless we approve of your buys.
If you work through the trail sometimes you find people that are “connected”.
“Connected” connected to those that might use off the books money for certain “official” but not official things.
Ahem
Perhaps this is why some look the other way at certain people, places, and things associated with pump and dumps
You can’t have speculators speculating. Big money doesn’t approve.
All these companies are at or near bankruptcy, R.C.
The only people who make money on these trades are the brokerage companies, who probably earn about $10 per trade, and the Chat Room scoundrels, who probably make a couple hundred dollars a day pumping penny stocks.
This same scam has been going on for at least 25 years.
Bingo.
Alas, you really aren’t familiar with how the nitty gritty details operate
You can be sure money is made by people involved.
Dilution
Dilution
Dilution
Money Laundering
And oh boy, those wonder joint deal PR’s which is just one hand moving money to the other
and
Dilution
Dilution
Dilution
Bankrupt
Move on to the next one
Reverse Split
Repeat at will
After all the hedge funds are run by the idiot kids of our political class.
RUSH(the band) agrees:
https://www.youtube.com/watch?v=FnbST-HMLLw
Thanks for clearing that up, R.C.
After analyzing and trading stocks for almost 60 years, I actually thought I knew something about the business.
The first one BBDA is 0riced at 0.0012. 56 million shares traded today.
https://finance.yahoo.com/quote/BBDA?p=BBDA&.tsrc=fin-srch
Just pulled a quick chart of all of these companies. You could buy 1 share of stock for each of these companies and still get change back from a dollar. This is window dressing. This is nothing. This is so they can point and say “OVER HERE, LOOK OVER HERE, LOOK WHAT WE DID” while the real shit is still (and will always) take place over there.
No. all of the companies listed are nothing.
Perhaps I could pick your brain about some things before we depart this mortal coil then.
If you dont know that millions are made by the parties involved (as you seemed to indicate) then your 60 years means nothing as to this topic.
When you actually dig deep into the layers you see interesting “connections” to “connected” people in some instances. And I am not talking the mafia..although that fits as well.
Some people escape unscathed to repeat at will for some unknown parties behind multi layers of shell games
btw, next time you think parties arent making money..as in MILLIONS..this scam is still in the news
https://www.justice.gov/usao-nv/victim-witness-assistance/us-v-john-edwards-et-al-cmkm
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